Savills drastically raises mainstream property price & transaction forecasts
"Previous UK recessions have been associated with house price falls, but 2020 looks set to be the exception," says Savills as it "significantly upgrades" is forecasts for both property prices and transaction numbers.
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Savills forecasts: Prime property markets to outperform over five years; PCL prices tipped for 8% growth in 2022
"Property in the capital’s most prestigious postcodes is overdue a recovery," says Savills, as it reveals its prime and mainstream market forecasts for the next five years.
Knight Frank raises property price forecasts as supply stays low
“House price growth is peaking as supply rebuilds and mortgage rates normalise," says Knight Frank's research chief, Tom Bill.
Another top agency cuts Prime Central London property price forecasts
Strutt & Parker now expects PCL property prices to end this year 2-5% higher than they started it, having predicted 5-10% growth through 2022 just a few months ago.
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